Yahoo FinancePrivate equity firms consider potential Peloton buyout, CNBC reports

May 07 2024 06:11 PM IST

Private equity firms have been considering a buyout of Peloton, CNBC reported. The fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses. Peloton did not immediately respond to a Reuters request for a comment. The company has not commented on the report.

(Reuters) - A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13 straight quarters of losses, CNBC reported on Tuesday, citing people familiar with the matter.
Peloton did not immediately respond to a Reuters request for a comment.
(Reporting by Kannaki Deka in Bengaluru; Editing by Shinjini Ganguli)
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